Australia to meet 40% of VSMPO-AVISMA’s demand for titanium raw stock

SVERDLOVSK REGION

 

The VSMPO-AVISMA Corporation intends to buy 40% of its titanium raw stock from Australia. The raw stock matches the Ukrainian ilmenite in the titanium content.

 

RusBusinessNews has been informed by the Press Service of the Corporation that another 40% of the raw stock will be supplied from Ukraine. The remaining 20% will be purchased from other sources. In total, the corporation needs up to 120 thousand tons of ilmenite a year.

 

The first 30-thousand-ton batch of Australian raw stock was delivered in July to Avisma in Berezniki. The received raw stock will be processed from the end of August to October.